A demise acquired from a person who has himself or herself acquired the land or property in question by demise; a sublease.
Early 18th century; earliest use found in William Salkeld (1671–1715), serjeant-at-law and law reporter. From sub- + demise.
with object To make a further demise of (demised land or property); to sublet.
Early 19th century. From sub- + demise.